News
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GBP/USD tepid near 1.3200 as rate watchers look on
GBP/USD cycled around the 1.3200 level on Tuesday as Cable traders keep their heads down during the long wait for further signs of interest rate cuts from both the Federal Reserve (Fed) and the Bank of England (BoE) heading into the final weeks of 2025.
Fxstreet
Wed, Dec 3
Gold Price Forecast: XAU/USD falls to near $4,200 on profit-taking, traders await US data
Gold price (XAU/USD) tumbles to near $4,210 during the early Asian trading hours on Wednesday. The precious metal loses momentum as traders book profits ahead of the upcoming key US data releases.
Fxstreet
Wed, Dec 3
Oil eases amid uncertainty around Russia-Ukraine peace plan, oversupply worries
Witkoff and Kushner meet Putin for peace talksDecline in India's Russian oil imports may be brief, Kremlin saysCaution emerges over US-Venezuela situation By Nicole Jao NEW YORK, Dec 2 (Reuters) - Oil prices declined 1% on Tuesday as markets weighed faltering Russia-Ukraine peace hopes agains...Reuters
Tue, Dec 2
Apple faces multimillion-euro Dutch antitrust damages claims after EU's top court ruling
Foundations say App Store fees for some apps excessiveHearing on merits expected in Dutch court by Q1 2026Apple said it disagrees with the court rulingBy Foo Yun Chee and Inti LandauroBRUSSELS, Dec 2 (Reuters) - Apple AAPL.O can be sued in a Dutch court for antitrust damages, Europe's highest co...Reuters
Tue, Dec 2
Bank of England eases bank capital requirements in bid to boost growth
BoE says Tier 1 capital requirements can be 13%, down from 14%Change aims to balance crisis resilience with growthBoE also says seven biggest lenders pass stress testsBank announces changes in half-yearly Financial Stability ReportBy Lawrence White and Phoebe Seers LONDON, Dec 2 - Britain's ...Reuters
Tue, Dec 2
UK's FTSE 100 rises as banks gain on relaxed capital rules
FTSE 100 up 0.4%, FTSE 250 flatBoE eases capital requirementsUK set for faster growth in 2026, OECD forecasts Dec 2 (Reuters) - UK's FTSE 100 inched higher on Tuesday, lifted by financial stocks after the Bank of England eased capital requirements for lenders in a bid to boost growth, while i...Reuters
Tue, Dec 2
Tesla's China-made EV sales rise 9.9% in November
BEIJING, Dec 2 (Reuters) - Tesla TSLA.O's China-made electric vehicle sales rose 9.9% in November from a year earlier, as the U.S. automaker grapples with intense competition in China and Europe.Sales of Model 3 and Model Y vehicles made at Tesla's Shanghai factory, including exports to Euro...
Reuters
Tue, Dec 2
China issues first batch of streamlined rare earth export licences, source says
China had introduced rare earth export controls in AprilNew 'general licences' follow Trump-Xi meeting in OctoberThree firms issued licences in first batch Dec 2 (Reuters) - China has issued the first batch of new rare earth export licences that should accelerate shipments to certain cus...Reuters
Tue, Dec 2
Euro steadies, dollar rises vs yen as JGB auction brings relief
By Joice Alves and Gregor Stuart Hunter LONDON/SINGAPORE, Dec 2 (Reuters) - The euro steadied on Tuesday ahead of euro zone inflation and unemployment data, while the dollar rose against the yen after an auction of Japanese government debt drew solid demand, easing investor nerves after MondayReuters
Tue, Dec 2
Gold miners fall on profit-booking, higher Treasury yields
U.S.-listed shares of gold miners fall premarket, tracking prices of the precious metal GOL/Spot gold XAU= down 0.9% at $4,191.79/ounce, hurt by rising U.S. Treasury yields and profit-booking following a six-week high in the prior sessionTop miners Newmont NEM.N and Barrick Mining ABX.TO, B.N fallReuters
Tue, Dec 2
Euro zone bond yields edge higher, inflation in focus
By Lucy Raitano LONDON, Dec 2 (Reuters) - German Bund yields edged up again on Tuesday after a rout in global bonds unleashed the biggest one-day selloff in euro zone debt since September, as slightly hotter-than-expected inflation data added to the case that no more ECB rates are coming soon.Reuters
Tue, Dec 2
Japan's Nikkei rises as market stabilises after sharp selloff
TOKYO, Dec 2 (Reuters) - Japan's Nikkei share average rose on Tuesday as the market found its feet after a sharp selloff in the previous session, when the central bank governor signalled an interest rate hike could come as early as this month.The Nikkei .N225 gained 0.4% to ...Reuters
Tue, Dec 2
Australian dollar holds firm as yields hit 11-month high
SYDNEY, Dec 2 (Reuters) - The Australian dollar edged ahead on Tuesday as local data pointed to solid economic growth in the third quarter, while bond yields jumped to 11-month highs as a selloff in Japanese debt spooked markets globally.The fallout from Japan lifted 10-year yields ...
Reuters
Tue, Dec 2
China’s chip champions miss their cue
HONG KONG, Dec 2 (Reuters Breakingviews) - China's chip champions are missing in action. The rise of artificial intelligence has created the strongest demand for memory chips since the 1990s boom in personal computers, per Jefferies. This has resulted in severe shortages of ...Reuters
Tue, Dec 2
Japan's 30-year bond yields climb to record high as rate-hike bets rise
TOKYO, Dec 2 (Reuters) - Japanese 30-year government bond yields climbed to a record high on Tuesday, as speculation grew that the Bank of Japan (BOJ) might raise interest rates as soon as this month.The 20-year JGB yield leapt to a 26-year high, while the 10-year yield reached ...Reuters
Tue, Dec 2
Gold prices ease on firmer Treasury yields, US data in focus
Gold touched six-week peak on Monday88% chance of a rate cut in December - CME FedWatchBenchmark US 10-year Treasury yields near two-week peakBy Ishaan Arora Dec 2 (Reuters) - Gold eased on Tuesday after touching a six-week high in the previous session, as rising U.S. Treasury yields and profit-tReuters
Tue, Dec 2
ECB refuses to provide backstop for $163 billion Ukraine loan, FT reports
Dec 2 (Reuters) - The European Central Bank has refused to backstop a 140 billion euros ($162.53 billion) payment to Ukraine, undermining an EU plan to raise a “reparations loan” backed by frozen Russian assets, the Financial Times reported on Tuesday.The ECB concluded the European Commission proposReuters
Tue, Dec 2
